TeachMeFinance.com - explain Owner occupied
Owner occupied The term 'Owner occupied' as it applies to the area of energy can be defined as ' (As used inEIA's consumption surveys.) Having the owner or the owner's business represented at the site. A building is considered owner occupied if an employee or representative of the owner (such as a building engineer or building manager) maintains office space in the building. Similarly, a chain store is considered owner occupied even though the actual owner may not be in the building but headquartered elsewhere. Other examples of the owner's business occupying a building include State-owned university buildings, elementary and secondary schools owned by a publicschool district, and a post office where the building is owned by theU.S. Postal Service'.
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